I though it would be a good idea to have blog for explanations of simple economic things. But it seems to me that this was wrong. I removed that blog and will write here.

It still seems that a few things must be written down in a understandable way. After the “elites” have messed up totally. Especially the oh-so-smart Investement Banker and after now the blaim is put on everything else but one’s one faults it’s time to stand against it.

I start with an simple example, free market economy. It currently was driven out, but that’s anothe story. Now we are also against blaiming it for harsh conditions. Agreed competiton in on area can be hard, but free economy is much more then “competition” it’s gaining for all through exchange.

So let us assume the following simple conditions there is
a manufacturer for stoves and one for cooking pots. You can imagine quite a few things for which each of this is useful. A Pot can be used for carrying things, especially fluid things you can give it you your child and you’ll see how “interesting” it can be. Sure you can use your stove for heating, if you want something heavy a stove is not a bad choice. But having both together makes them much more useful, you can do cooking with it.

So having both is surely much better than having two stoves or just to pots. This is where free markets work for the best of at least two. There is no competiton involved, cooking needs stove and pot. And such is it with a lot of other things. And so market economy is the grease for improvements.